1028-1030 Truman Avenue
Key West, FL 33040
- 4 beds
- 6 baths
- 4,013 sqft
- 5,000 sqft lot
- $746 per sqft
- 2021 build
- – on site
Prime Mixed-Use Investment Opportunity in Key West!Built in 2021 to current building codes, this exceptional four-unit commercial and residential compound is a rare find in the heart of Key West. A perfect 1031 Exchange candidate, this versatile property includes two licensed townhouse residences and two licensed commercial units, offering excellent income potential and flexibility.The commercial building, positioned street-side, is a two-story frame structure with high visibility on Truman Avenue. The ground floor offers approximately 1,112 square feet of open commercial space, while the second floor spans approximately 800 square feet and features a 30-foot-wide balcony overlooking Truman Avenue. An ADA-compliant elevator provides easy access to the second floor. Both levels include fully ADA-compliant restrooms, nine-foot-high ceilings, recessed lighting, ceiling fans, central air conditioning, washer and dryer hookups, and are pre-wired and plumbed for refrigerators and sinks. At the rear of the property, the residential portion consists of a two-story, common-wall duplex, with each unit offering approximately 1,015 square feet of living space. Designed for comfort and style, each unit features two bedrooms and two and a half bathrooms, vaulted ceilings in the upstairs bedrooms, spacious island kitchens, tile flooring, and private shaded rear decks. The property is thoughtfully designed with a beautifully landscaped common courtyard that separates the commercial and residential buildings, enhancing privacy and curb appeal. This turnkey mixed-use property presents a rare opportunity to own a high-quality, income-producing asset in one of Key West's most desirable locations. Don't miss out on this exceptional investment! *Note: 3D Tour is only of the 2 residential units.*
Last checked:
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Last updated Feb 21, 2025
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MLS# 613823 —
The Building
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Year Built:2021
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Construction:Frame, Stucco
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Style:Multi-Units
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Building Style:Other Bldg Style
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Exterior Features:Fencing, Lighting
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Windows/Doors:Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
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Roof:Metal Roof
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Porch/Balcony:Open Porch/Balcony, Deck, Roof Top Deck
Interior
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Interior Features:Cathedral Ceilings, Built-in Cabinets, Smoke Alarms
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Floor:Tile, Concrete
Financial & Terms
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Terms:Cash, Conventional
The Property
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Parcel #:00033280-000000
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Property Condition:New Construction
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Total Lots:4.00
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Lot SqFt:5000.00
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Lot Dimensions:50' x 100'
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Acres:0.11
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
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Waterfront:No
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Waterview:No Waterview
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Flood Zone:X Flood Zone
Listing Agent
- Contact info:
- Agent phone:
- (305) 395-2360
- Office phone:
- (305) 292-2244
Taxes
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Tax Year:2024
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Taxes:15853.68
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Tax Exemptions:None
Beds
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Total Bedrooms:4
Baths
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Total Baths:8.00
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Full Baths:4
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Half Baths:4
The Listing
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UnBranded Virtual Tour:https://www.zillow.com/view-imx/ad7719d9-8665-45cf-b0d9-87b35bcfb14b?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Bank Owned:No
Heating & Cooling
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Water Separate Meter, Elect Separate Meter, Buyer to Verify, Sewer Available, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Dishwasher, Microwave, Oven, Range, Refrigerator
The Community
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Subdivision:Gwynn Sub (1.0)
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Dockage:None
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/21/25
Feb 21, 2025
|
Listed / Active | FLKMLS | $2,995,000 |
